19445 Lunn RdStrongsvilleOH44149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Strongsville at 19445 Lunn Rd, Strongsville, OH, 44149 uses $99,417 cash to close to unlock $4,826/yr annual cash flow and $402/mo monthly cash flow. Total monthly income runs $2,375/mo, and a $1,468/mo payment keeps the spread at $402/mo. Purchase price stands at $299,900, and rental yield measures 9.5% with $2,375/mo rent. Return on cash invested shows 24.76% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash records $128,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,375/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44149, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,346 (100%) |
| Owner Occupied HU | 7,184 (86.1%) |
| Renter Occupied HU | 766 ( 9.2%) |
| Vacant Housing Units | 396 ( 4.7%) |
| Median Home Value | $323,274 |
| Average Home Value | $343,366 |
Housing Distribution
Address Breakdown
Residential
8,321
Single Family
8,038
Multi-Family
283
Businesses
328
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sylvia Incorvaia • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5137519